IMF Staff Country Reports

Tanzania: 2002 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility and Request for an Extension of the Arrangement and Waiver of Performance Criterion—Staff Report; Public Information Notice and News Brief on the Executive Board Discussion; and Statement by the Executive Director for Tanzania

January 6, 2003

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Tanzania: 2002 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility and Request for an Extension of the Arrangement and Waiver of Performance Criterion—Staff Report; Public Information Notice and News Brief on the Executive Board Discussion; and Statement by the Executive Director for Tanzania, (USA: International Monetary Fund, 2003) accessed November 21, 2024

Summary

This paper examines Tanzania’s 2002 Article IV Consultation, Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) and a Request for an Extension of the Arrangement and Waiver of Performance Criterion. Tanzania’s performance under the PRGF-supported program has been broadly on track. All the qualitative performance criteria through end-June 2002 were observed, but quantitative benchmarks on reserve money, extrabudgetary expenditure, and the accumulation of domestic budgetary arrears were not met. One structural performance criterion, relating to the amendment of legislation to tighten approval procedures for incurring or guaranteeing new foreign borrowing, was not observed.

Subject: Banking, Expenditure, External debt, International trade, Poverty, Poverty reduction strategy, Public debt, Trade balance

Keywords: CR, Creditor, Europe, Government, Growth facility arrangement, ISCR, Poverty reduction strategy, PRGF arrangement, PRGF loan, PRGF-supported program, Southern Africa, Staff, Tanzania's public, Trade balance

Publication Details

  • Pages:

    92

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2003/001

  • Stock No:

    1TZAEA0012003

  • ISBN:

    9781451838312

  • ISSN:

    1934-7685

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